UOB got room to grow 🌳

SR050321
2022-08-17

In the past i did not dare to buy SG banks because too expensive for me (as new comer i feel like still a baby) πŸ‘Ά i need to buy cheap cheap first before try expensive one, incase loss, will be lesser [LOL] 

True enough at the end 2021 my loss already few hundred of dollars [Facepalm] at the other platform, at tiger too because i anyhow choose n they said diamond hand, Apes, to the moon, yes i follow ! [LOL] 

Luckily i know this Tiger community, i learn what is DD, DY, PB, PE, EPS, etc ... then i try to pick good company gives good dividend, but also dip ! [Facepalm] 

Some of my positions are at bottom of my watch list ! I am expecting to get dividends, so still ok just hold it, they are solid companies anyway [Cool] 

When u choose yrself carefully you have strong conviction to hold/let go. Holding power is very important, although i am a bag holder now, I believe one day will rise. The worse is $SERIAL SYSTEM LTD(S69.SI)$at the moment, keep on dipping, i will scoop again at the bottom, if possible.

Few mth ago i started to buy $OVERSEA-CHINESE BANKING CORP(O39.SI)$Bullishand i was ok, no more fear of lossing few hundreds. The other day had high tea with a good friend, she said to me don't anyhow buy, buy only blue chips especially when it dip, when market pick up, all will go up ! 

So i explore more and yesterday i took another step to buy $UNITED OVERSEAS BANK LIMITED(U11.SI)$because i see still have more room to grow ! Let me show you with the pictures.

UOB gives good dividend, currently traded 14% below than it was 6 mth ago ! If market recover it shouldbe go up too because UOB is a good bank πŸ‘

OCBC div $ 0.56 in 2022

UOB $ 1.20

DBS $ 1.44 ( include the 4th in nov est 0.36)

I will buy $DBS GROUP HOLDINGS LTD(D05.SI)$too in future, wait it dip and I have freefunds [Chuckle] 

Invest wisely my friends πŸ’•

@TigerStars

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Comments

  • Chilli Padi
    2022-08-18
    Chilli Padi
    Big 4 banks safe also MAS now has lifted the dividend restriction imposed on banks, so 4% dividend quite comparable to reits, with better growth potential. But be careful as banks are cyclical shares.
    • NgKenny:Β 
      Like
    • SR050321:Β 
      Ah thank you so much for your valuable advice [Happy] this is why i love this tiger community. Have a wonderful day and wish u the best πŸ‘
  • JC888
    2022-08-18
    JC888
    When unsure what to invest becos insufficient homewrk done -  dun jump in blindly. Better to miss it than to jump n get stuck.  A missed opportunity will return somewhere somehow. Cash is king any day
    • NgKenny:Β 
      Like
    • SR050321:Β 
      True, as new comer was eager to try, but dont know which one, anyhow jump, last year meme stocks were booming [Grin] now started again but i stay away
  • Success88
    2022-08-19
    Success88
    Agreed with what you said. Yesterday i bought $Iron Mountain(IRM)$ by the way UOB use their service for data security. So sometime don’t see surface. Background support also important πŸ˜…
    • Success88:Β 
      Thanks
    • JohnlimwtReplySR050321:Β 
      O
    • SR050321:Β 
      You so smart can find whatelse to buy, i only know the surface [Facepalm] i almost give up in US trade coz very volatile i may hold the one i alreade have, like mini ETF, div stock, brk.b and zim
  • limnorth
    2022-08-18
    limnorth
    Good to go with SG banks. Invest safe.
  • dallanube
    2022-08-18
    dallanube
    everything got room to improve, but how big?
    • NgKenny:Β 
      Like
    • SR050321:Β 
      See the chart, all, the 3 banks got similar patern ascending, room to go up have but how long and along the way also got up n down. I expect at least 14% to reach back its previous high
    • SR050321:Β 
      This is just my personal opinion, not invesment advice ya, if have money i will buy if dip alot so got extra lot to sell if jump high, today jump to 27.43 but i didnot sell 😊
  • ACJC
    2022-08-19
    ACJC
    Good stock with dividends!
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